$Atlantic(ATLN.US) more than doubled directly. The catalyst was its subsidiary securing a four-year ICT contract worth approximately $52 million from the Dutch Vehicle Administration. The day before, Q1 revenue also increased by +143% year-on-year to $250 million.
Confirmed by both the contract and earnings report, it's not purely news-driven momentum. However, for such a small-cap stock with a +200% move in one day, it's highly likely to give back some of those gains later. If you really want to follow, wait for a pullback and assess the volume and momentum then.
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